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Please check my answers and provide a detailed solution (on paper preferably) The neighbourhood bookstore sells novels for $18 per unit. The cost to purchase
Please check my answers and provide a detailed solution (on paper preferably)
The neighbourhood bookstore sells novels for $18 per unit. The cost to purchase one book is $14. The store has fixed costs per month of $1200. The store estimates that they can seil 800 books each month. (a) Compute the break-even point in units. (b) Compute the break-even point in sales dollars. (c) Compute the break-even point as a percent of capacity (a) The break-even point in units is 300 books. (Simplify your answer.) (b) The break-even point in sales dollars is $ 5400 (Simplify your answer.) (c) The break-even point as a percent of capacity is 37.5%. (Round to two decimal places as needed.) Step by Step Solution
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